Tesla (TSLA) Says Mobileye (MBLY) Statements Are 'Inaccurate'; Says Mobileye Was Forcing Them to End In-House Development, Pay More
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Tesla (TSLA) Shares Ramp to Session Highs
September 16, 2016 11:26 AM EDTTesla (NASDAQ: TSLA) shares are ramping to session highs. The stock is up around 1.5 percent.
... MoreMobileye (MBLY) Responds to Allegations, Says Tesla (TSLA) Statements are Incorrect
September 16, 2016 9:39 AM EDTMobileye (NYSE: MBLY) said in response to inquiries received this morning, the company notes that the allegations recently attributed to a spokesperson for Tesla (NASDAQ: TSLA) regarding Mobileye's position in respect of Tesla internal computer... More
Tesla says Mobileye balked after learning carmaker to make own cameras
September 15, 2016 7:39 PM EDTSAN FRANCISCO (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) on Thursday said its former camera supplier Mobileye (NYSE: MBLY) disparaged the safety of Tesla's assisted driving technology Autopilot after learning the carmaker was developing its own vision system.
Once Mobileye learned Tesla would be using its own vision system in upcoming versions of Autopilot, a semi-autonomous technology that helps vehicles steer, it "attempted to force Tesla to discontinue this development, pay them more and use their products in future hardware," a Tesla spokeswoman said.
Tesla's... More
Mobileye says Tesla was 'pushing the envelope in terms of safety'
September 14, 2016 5:51 PM EDTBy Eric Auchard and Tova Cohen
FRANKFURT/TEL AVIV (Reuters) - Mobileye (NYSE: MBLY) broke ties with Tesla Motors (NASDAQ: TSLA) because the Silicon Valley firm was pushing the envelope in terms of safety with the design of its Autopilot driver-assistance system, Mobileyes chairman said on Wednesday.
"It is not designed to cover all possible crash situations in a safe manner," Amnon Shashua, who is also chief technology officer at the Israel-based maker of collision detection and driver assistance systems, told Reuters.
No... More
